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-0.30| Last Update: 06/19/13 - 4:00 PM EDT |
| Volume: 5,413,017 |
| YTD Performance: 25.86% |
| Open: $17.15 |
| Previous Close: $17.13 |
| 52 Week Range: $11.93 - $19.14 |
| Oustanding Shares: 557,111,446 |
| Market Cap: 9,437,467,895 |
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| Qtr (06/13) | Qtr (09/13) | FY (12/13) | FY (12/14) | |
|---|---|---|---|---|
| Average Estimate | $0.35 | $0.36 | $1.44 | $1.59 |
| Number of Analysts | 15 | 15 | 20 | 19 |
| High Estimate | $0.39 | $0.44 | $1.54 | $1.65 |
| Low Estimate | $0.30 | $0.34 | $1.39 | $1.45 |
| Prior Year | $0.46 | $0.46 | $1.74 | $1.44 |
| Growth Rate (Year over Year) | -24.20% | -20.72% | -17.36% | 10.50% |
Western Union estimates increased at CitiWU earnings estimates were raised due to increased buybacks, but also reflect transaction weakness, said Citigroup.
Western Union numbers upped at Credit SuisseWU estimates were boosted through 2014, Credit Suisse said. Company is seeing higher transaction rates and buying back stock. Neutral rating and new $17 price target.
Western Union downgraded at CitiShares of WU were downgraded to Neutral, said Citigroup. Remittance trends have weakened through 1Q13 and a recovery in the key US-Mexico corridor is lacking. Price target is now $15.
Western Union offers a high yield for a financial stock, but Portfolio Manager David Peltier says to exercise caution.
Western Union upgraded at DeutscheWU was upgraded from Hold to Buy, Deutsche Bank said. $19 price target. Market is setting up well for a company turnaround.
Western Union downgraded at GoldmanWU was downgraded from Neutral to Sell, Goldman Sachs said. $12 price target. Pricing concerns could weigh on margins.
Western Union rated new Neutral at GuggenheimWU was initiated with a Neutral rating, Guggenheim said. $14.50 price target. Company could face price competition.
Western Union upgraded at DA DavidsonWU was upgraded to Neutral from Underperform, DA Davidson said. $13 price target. At current prices, downside appears minimal.
Despite the valuation, serious questions have been raised about this business model.
Western Union downgraded at DA DavidsonWU was downgraded to Underperform, DA Davidson said. $15 price target. Company is facing economic, regulatory and competitive pressure.